Shadow assistant treasurer Andrew Leigh says that the Coalition has doubled net debt since it came to office. Fact Check finds that to be correct, but with some important caveats.
Australian regulators should be drafting contingency plans for a collapse in house prices, with a "hard landing" looming as a key risk to the wider economy, the OECD warns.
Australia is rapidly edging towards the sharpest downturn in property prices since the last recession. And new data reveals some neighbourhoods are feeling the pain much more than others.
The Reserve Bank may cut interest rates, sink the Australian dollar and increase the supply of money to save the economy, its deputy governor concedes.
Low-income residents of a regional South Australian city are using an innovative solar scheme to shave money off their power bills.
When the mining boom ended in 2014, the bottom fell out of Perth's property market and the slide shows no sign of ending. But on the eastern seaboard, experts warn the rise — and fall — in house prices will be much more significant, and swift.
Australia's economy appears to slowing much more rapidly than expected, after a spurt of growth in the first half of the year.
Australia is in a property downturn that rivals 1989 — when interest rates were 17 per cent, unemployment was rising and the economy heading for recession. So why is the market so weak in the midst of economic good times?
Digital transformation, innovation and regulation are just some of the major issues keeping Australian executives up at night, according to KPMG's second annual survey of business leaders.
The Reserve Bank leaves official interest rates on hold at a record low 1.5 per cent for the 26th consecutive RBA board meeting.